LSB Industries Q2 sales beat estimates on higher prices

LSB Industries

29/07/2026 21:36

Overview
U.S. ammonia and fertilizer producer's Q2 revenue rose 11% yr/yr on higher prices and volumes
Company posted Q2 net loss, citing $28.8 mln in turnaround expenses for plant maintenance
Adjusted EBITDA rose to $53.1 mln from $38.3 mln, helped by higher sales and pricing

Outlook
Company expects higher production rates and improved performance in the second half of 2026
Market conditions for industrial and fertilizer businesses remain constructive, with strong demand outlook
Company anticipates robust nitrogen demand through the full fertilizer application season

Result Drivers
PLANNED TURNAROUNDS - Significant maintenance at El Dorado and Pryor plants led to $28.8 mln in turnaround expenses and reduced production and sales volumes for ammonia and UAN
HIGHER SELLING PRICES - Increased prices for AN, UAN and ammonia contributed to higher net sales
LOWER INPUT COSTS - Average natural gas costs fell 15% yr/yr, supporting margins

Company press release: ID:nBw3VNY62a

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
Beat
$168.09 mln
$157.30 mln (1 Analyst)
Q2 Net Loss
 
$6.19 mln
 
Q2 Gross Profit
 
$11.46 mln
 
Q2 Operating income
 
-$2.74 mln
 

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the diversified chemicals peer group is "buy."
Wall Street's median 12-month price target for LSB Industries Inc is $13.25, about 15.9% above its July 28 closing price of $11.43
The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 25 three months ago

Reuters Recommended Reads
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July 29 - Stepan Q2 net sales rise on surfactant, polymer growth; to cut jobs 

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)